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Categories Business

Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again

Author May 16, 2024

Meme stocks are back. One day after an account associated with the phenomenon posted for the first time in years on the

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Categories Business

Walmart is laying off and relocating hundreds of corporate workers

Author May 16, 2024

Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed

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Categories Business

Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

Author May 15, 2024

Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at

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Categories Business

Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

Author May 15, 2024

When it comes to spending money in retirement, there’s one rule of thumb — the 4% rule — that has persisted for decades. The 4%

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Categories Business

Dow slips for first losing day in nine as consumers’ expectations for inflation rise

Author May 15, 2024

The Dow Jones Industrial Average slipped on Monday, snapping an eight-day winning streak, as traders grappled with rising inflation expectations ahead of key reports

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Categories Business

Federal student loans this fall will have the highest interest rate in more than a decade

Author May 15, 2024

The interest rate on many new federal student loans is set to rise to its highest level in more than a decade

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Categories Business

Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady

Author May 15, 2024

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on

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Categories Business

Silver lining for consumers: Food price growth has gone flat and other prices are falling

Author May 15, 2024

Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer

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Categories Business

Red Lobster closing at least 99 locations as its future comes into question

Author May 15, 2024

At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post

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Categories Business

Amazon Web Services CEO Adam Selipsky to step down

Author May 15, 2024

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of

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